세계의 팽창성 코팅 시장 규모, 점유율, 성장 분석, 유형별, 기판별, 응용기술별, 지역별 - 산업 예측(2024-2031년)

Global Intumescent Coatings Market size was valued at USD 1.09 billion in 2022 and is poised to grow from USD 1.14 billion in 2023 to USD 1.61 billion by 2031, growing at a CAGR of 4.40% during the forecast period (2024-2031).

The oil and gas sector is poised for substantial market growth driven by an uptick in product demand, primarily influenced by stringent regulatory measures and heightened global exploration activities. In parallel, the construction industry's increasing needs are likely to further propel market expansion throughout the projected timeframe. Within the oil and gas domain, intumescent coatings emerge as vital solutions, providing essential fire protection for structural steel against extreme temperatures of 1,100°C and above, both onshore and offshore. These coatings not only safeguard against fire but also shield structural steel from moisture and corrosive chemicals, thus enhancing longevity and safety against potential jet and pool flames. With rising energy consumption expected to bolster the oil and gas industry, demand for intumescent coatings is anticipated to surge correspondingly. The market is also on the brink of transformation with the introduction of innovative thin-film, lightweight intumescent coatings, which are expected to meet diverse consumer needs and drive demand significantly. Additionally, an increasing consumer awareness regarding fireproofing in residential buildings is likely to support market expansion in this segment. The forecast period also points to a rising preference for cellulosic intumescent coatings, which offer essential protection for reinforced steel's structural integrity in buildings, fueling further growth in this specialized coatings market.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Intumescent Coatings market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Intumescent Coatings Market Segmental Analysis

Global Intumescent Coatings Market is segmented by Type, Substrate, Application Technique, End-use Industry, and region. Based on Type, the market is segmented into Thin-film Intumescent Coatings, and Thick-film Intumescent Coatings. Based on Substrate, the market is segmented into Structural Steel & Cast Iron, Wood, and Others. Based on Application Technique, the market is segmented into Spray, and Brush & Roller. Based on End-use Industry, the market is segmented into Building & Construction, Industrial, Aerospace, and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Global Intumescent Coatings Market

The Global Intumescent Coatings market is poised for substantial growth, primarily fueled by rising investments across the oil and gas sector. As traditional oil and gas resources become more developed, there is an increasing demand for alternative energy sources, including shale gas, tight gas, and coal bed methane (CBM). This shift is anticipated to drive up capital allocated to drilling platforms and maintenance activities, consequently enhancing the need for intumescent coatings. Additionally, soaring exploration costs for shale gas in the United States are likely to further stimulate demand for these protective coatings over the coming seven years, reinforcing the market's positive trajectory.

Restraints in the Global Intumescent Coatings Market

The Global Intumescent Coatings market faces several restraints that may hinder its growth prospects. Fluctuating prices of raw materials, particularly epoxy resins, pose significant challenges, making it difficult for manufacturers to maintain stable pricing and profitability. In addition, stringent regulations aimed at reducing volatile organic compounds (VOCs) in coating formulations further complicate the situation. These regulatory pressures not only limit the formulations that can be used but also increase compliance costs for manufacturers. Together, these factors create a challenging environment for market expansion, as companies navigate the complexities of maintaining quality and adhering to legal standards while managing costs effectively.

Market Trends of the Global Intumescent Coatings Market

The Global Intumescent Coatings market is experiencing significant growth driven by increased demand for fire protection solutions across various industries, notably in the oil and gas sector. As steel structures require robust protection from fire, corrosion, and harsh environmental conditions, advancements in intumescent coatings-enabling superior adhesion under extreme temperatures-further enhance building safety. This trend is particularly pronounced in challenging offshore environments, where constant exposure to seawater and UV rays heightens the need for reliable coating systems. With the industry's emphasis on safety and performance, the market for intumescent coatings is poised for substantial expansion, addressing both labor efficiency and protective capabilities.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Driver & Opportunities
  • Restraints & Challenges
• Porters Analysis & Impact
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2023
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Technological Advancement
• Regulatory Landscape
• Patent Analysis
• Case Studies
• Macro-Economic Indicators Analysis

Global Intumescent Coatings Market Size by Type & CAGR (2024-2031)

• Market Overview
• Thin-film Intumescent Coatings
• Thick-film Intumescent Coatings

Global Intumescent Coatings Market Size by Substrate & CAGR (2024-2031)

• Market Overview
• Structural Steel & Cast Iron
• Wood
• Others

Global Intumescent Coatings Market Size by Application Technique & CAGR (2024-2031)

• Market Overview
• Spray
• Brush & Roller

Global Intumescent Coatings Market Size by End-use Industry & CAGR (2024-2031)

• Market Overview
• Building & Construction
• Industrial
• Aerospace
• Others

Global Intumescent Coatings Market Size & CAGR (2024-2031)

• North America, (Type, Substrate, Application Technique, End-use Industry)
  • US
  • Canada
• Europe, (Type, Substrate, Application Technique, End-use Industry)
  • UK
  • Germany
  • Spain
  • France
  • Italy
  • Rest of Europe
• Asia-Pacific, (Type, Substrate, Application Technique, End-use Industry)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
• Latin America, (Type, Substrate, Application Technique, End-use Industry)
  • Brazil
  • Rest of Latin America
• Middle East & Africa, (Type, Substrate, Application Technique, End-use Industry)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2023
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2023
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2021-2023)

Key Company Profiles

• AkzoNobel
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• PPG
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Jotun
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• The Sherwin-Williams Company
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Hempel
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Promat International
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Kansai Paint
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Teknos Group
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Carboline
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• 3M
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Nullifire
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Sika AG
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• BASF SE
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Contego International, Inc.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Intumescent Systems Ltd. (Envirograf)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Albi Manufacturing
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Arabian Vermiculite Industries
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• No-Burn, Inc.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• SKK Pte. Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Gangotri Hi-Tech Coatings
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendation